Dec 4, 2012 11:00am PST
since the election and the fiscal cliff face off. he reiterated that lying in the sand is higher taxes for the wealthy. he gave republicans some room to maneuver. >> the issue right now that's relevant is the acknowledgment that if we're going to raise revenues that are sufficient to balance with the very tough cuts that we've already made and the further reforms and entitlemented ientitlements i'm prepared to make, we have to see the rates on the top 2% go up. we're not getting a deal without it. understand the reason for that. it's not me being stubborn or partisan, it's a matter of math. >> and the gop plan, which was unveiled yesterday, includes $800 bill onin new taxes made through closing loopholes and deductions and not raising rates. compare that to the president's plan and that's about half of what the white house asked for. republicans propose 600 billion in entitlement saving including raising the medicare requirement to 67, nearly twice what the white house called for. the gop plan changes how social security benefits are calculated, something addressed under the president'
Dec 5, 2012 1:40am PST
raised millions for the president's re-election. >> please join us, just don't be late. >> reporter: and politicians often reward their biggest fund-raisers. but ambassador anna wintour. privately white house sources say wintour is in the running for a plum diplomatic post, either ambassador to france or britain. wintour may not even want the job. she is, after all, the reigning queen of fashion, and queens don't have to be diplomatic. david wright, abc new, los angeles. >> she has been at "vogue" for 25 years, born in london, 63. apparently you know her quite well. >> yes, there we are. >> she's mad at you because you're not wearing a tie. >> she would be frowning upon most of the things i would wear. i have some kind of weird chest hair pattern in there. >> you have a necklace on. >> is that what it is? you are going david hasselhoff on us. >> we'll be right back. >> yeah! ♪ that's what it's for >> announcer: this is abc's "world news now," inform ñ >>> this morning on "world news now" -- moment of horror. a break in the subway death that has shocked new york. police have captu